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NY S04598
Bill
Status
12/19/2025
Primary Sponsor
Robert Jackson
Click for details
AI Summary
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Allows Tier 4 and Tier 6 EMT members who previously opted out of the 25-Year Retirement Program a second opportunity to join by filing an application with NYCERS within 180 days of the bill's effective date
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Requires members who elect to join the program to pay all additional member contributions (6.25% of compensation) retroactively from their EMT hire date, plus interest
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Impacts approximately 7 active members with an average age of 47.1 years and average service of 24.9 years
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Increases employer contributions in the first four years (ranging from $67,000 to $102,000 annually from 2026-2029), then decreases contributions in subsequent years
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Allocates all employer contribution changes entirely to New York City
Legislative Description
Provides for eligibility of certain participants in the New York City employees retirement system to opt into the twenty-five year retirement program for EMT members.
Last Action
VETOED MEMO.142
12/19/2025